The Royal Ascot is considered the centerpiece of the Ascot racing season. This dates back to 1911 when the week of horse racing during the third week of June was turned into the Royal Week.
Each year, Queen Elizabeth II attends the Royal Ascot along with other British royal family members, including the Prince of Wales. At the beginning of each race day, they arrive in a horse-drawn carriage along with the royal procession and the playing of the national anthem and the raising of the royal standard. The earl and countess of Wessex and the duke and duchess of Cambridge can also be found at the Royal Ascot each year.
The Royal Ascot is regarded as a major event when it comes to the British social calendar. Furthermore, the press coverage on the attire that the attendees wear usually exceeds coverage of the horse racing itself.
There are a total of three enclosures that are attended by guests during the week of the Royal Ascot, with the Royal Enclosure being the most prestigious of the three thanks to frequent visits by the royal family and the queen. The Royal Enclosure comes with restricted access along with high security measures. If you are a first-time applicant, you are required to apply through the Royal Enclosure Office, and you will need to know someone who has been attending the Royal Enclosure for at least four years to gain access.
If you do attend the Royal Enclosure, you will have options of hospitality, fine dining and a wide selection of bars. The Royal Enclosure’s dress code is strictly enforced: women are only allowed to wear a day dress with an acceptable hat that meets the style and length set forth by the organizers. Men are required to wear a top hat and a morning dress in gray or black.
More than 300,000 people attend the annual event, making it the best-attended racing event in Europe. The Royal Ascot comes equipped with five days of racing, with each day offering six racing events.
The Royal Ascot is regarded as the crown jewel of flat racing season throughout Britain. This prestigious festival takes place in late June, and is composed of five spectacular days of horse racing action. Bettors at the racetrack, at land-based bookmakers, and at online sports betting sites bet millions over the course of five days on the 30 different racing events, which range from 2 miles and 5 ½ furlongs to 5 furlongs for horses aged between 2 and 6 years.
As you can imagine, the 2020 Royal Ascot is one of the most anticipated events on the British social and betting calendar. It’s for this very reason that we decided to provide the betting odds for each horse to ensure you make an informed decision when it comes to placing a bet on this prestigious event. With that in mind, let’s take a look at the betting odds for the 2020 Royal Ascot.
|Post Position||Horse||Jockey||Morning Line Odds|
|1||Called To The Bar||Maxime Guyon||18–1|
|3||Magic Circle||Jim Crowley||22–1|
|5||Thomas Hobson||Andrea Atzeni||4–1|
|6||Cross Counter||James Doyle||7–2|
|7||Cypress Creek||Seamie Heffernan||125–1|
|8||Dee Ex Bee||Silvestre De Sousa||5–1|
|9||Flag of Honour||Ryan Moore||12–1|
|10||Master of Reality||Wayne Lordan||100–1|
|11||Raymond Tusk||Jamie Spencer||20–1|
The 2020 Royal Ascot post positions are not available as of yet. However, once this information has been released, we will immediately update this section of the site.
You can easily visit a bookmaker and make a variety of bets on the 2020 Royal Ascot without having any prior knowledge of how betting odds actually work. However, it will be as useful as putting money down on a horse based on the color of the jockey’s shirt. Therefore, it’s crucial that you first understand the concept of betting odds and how they work before you place a bet on a horse.
Once you have a basic understanding of horse racing odds, you will be able to differentiate between a poor betting choice and a good one. In this section, we will discuss the essence of betting odds and how they can give you the opportunity to calculate both your potential return and the chances of the event actually taking place. We will also look at the different odds formats to help you make a more informed decision when the Royal Ascot rolls around.
A bookmaker will provide betting odds for each and every horse that participates in an event. The odds that a horse receives will be based on the likelihood of the horse winning the race. The horse with the best chance of winning will be considered the favorite and will always be presented with the shortest odds. The horse with the worst chance of winning the race will be considered the outsider and will always be presented with the longest odds.
The betting odds will essentially determine your potential returns and the likelihood of your selected horse winning the Royal Ascot. Always remember, however, that shorter odds offer the smallest profit margin, while long odds offer the biggest profit margin but are far less likely to occur.
For example, let’s say Native Dancer is regarded as the favorite to win the Royal Ascot with the shortest betting odds of 2/1 (3.00), while Storm Cat is regarded as the outsider in the race with the longest odds of 500/1 (501.00). Bookmakers essentially evaluated the form of both horses and determined that Native Dancer had the best chance of winning the Royal Ascot, while Storm Cat had the worst chance of winning the Royal Ascot.
You will notice that the betting odds presented next to each horse will give you an indication of how likely a horse is to win the Royal Ascot, and as you already know, likelihood can also be seen as probability. If you want to read betting odds like a pro and calculate your chances of winning, you will need to understand probability when it comes to betting odds.
You will also be greeted by two odds systems, which are fractional odds (1/2) and decimal odds (3.0). Fortunately, most online bookmakers will allow you to choose between the two. However, we still provided examples of both to help you understand betting odds regardless of the odds format.
The likelihood of a horse winning the Royal Ascot is defined as probability. So, when you take a look at Native Dancer, you will notice that the odds maker came to the conclusion that the probability of him winning the race is around 1 in every 3 races, which gives Native Dancer a 33% chance of winning the Royal Ascot. When you take a look at Storm Cat, you will see that the odds maker decided that he has no chance of winning the Royal Ascot and therefore have him a probability of approximately 0.2%.
Odds makers will do this for every single horse in the 2020 Royal Ascot. However, instead of presenting probability figures, they will provide betting odds. You will need to understand how probability overlaps with betting odds to successfully read and understand the betting odds presented next to each horse in any horse racing event.
There’s a very simple calculation you can use that will greatly assist you in effortlessly reading and understanding betting odds, as well as allow you to determine the implied probability almost instantly. Let’s revisit Native Dancer as the favorite with odds of 2/1 (3.00). However, in this example, we will only look at fractional odds to keep things simple.
Calculation to determine probability: Probability (P) = Y / (X+Y) x 100, where X=2 as the numerator and Y=1 as the denominator.
Let’s look at more examples to get the probability.
Once you can calculate probability, you will also be able to determine your potential profit margin using the same odds. With that in mind, let’s look at a couple of examples to show you how you can determine your profit margin by using the betting odds provided.
In order for odds makers to provide the betting odds for each horse, they will be required to look at a wide variety of factors that can influence the performance and result of the upcoming race. They will also need to ensure that there’s a profit for them in the betting odds, regardless of who wins the race at the end of the day.
The factors that can influence the betting odds for each horse includes the horse’s reaction to certain conditions, the form of a horse, the lineage of a horse, the jockey, the trainer, the age and sex of the horse, and more. When all these factors are taken into consideration, the betting odds can finally be established.
The Royal Ascot comes with a plethora of horse betting opportunities from around the world and offers an enormous selection of bet types to each and every bettor. However, there’s no denying that futures betting is among the most popular for horse racing enthusiasts. The reason for this is that it provides the best odds and the biggest profit margin if you are interested in placing bets on the Royal Ascot months before the event takes place. Just ensure that you shop for the best prices before you lock your money down on a horse.